Pan Asia Bank posts strong performance; ups 1H PAT by 110% to over Rs. 2.1 b

THE Pan Asia Banking Corporation PLC yesterday reported an impressive financial performance for 1H 2025 amidst diverse challenges emerging from the gradually reviving but challenging macroeconomic environment.

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In a statement, PABC said in financial terms, the bank witnessed yet another period of growth and profitability, with an increase in Profit After Tax (PAT) of 110%. This growth is reflective of the robust portfolio management, effective cost management and commitment to generating sustainable profits. As a result, the Bank ended 1H 2025 with a PAT of Rs. 2.15 billion to more than double Earnings Per Share (EPS) from the previous year to reach Rs. 4.86.

The bank’s robust performance was complemented by the ability to navigate external challenges adeptly and an unwavering commitment to asset quality, which was reflected in maintaining one of the lowest Stage 3 Loan Ratios in the industry of 2.39% as of 30 June, a testament to rigorous credit risk management and underwriting standards. While the Government-imposed restrictions on recoveries posed headwinds, the bank proactively refined its recovery strategies to minimise the impact.